Swedish e-commerce cryptocurrency company QuickBit’s profits jump by 60 per cent

QuickBit, a FinTech enabling e-commerce retailer get paid with cryptocurrencies, has got improved its quarterly profit by 60 per cent to £2.42m.

Bitso secures $62m funding round

Mexican crypto exchange Bitso has collected a massive $62m investment in a round led by QED Investors and Kaszek Ventures.

Barclays and Wave carry out first blockchain trade transaction

Barclays has partnered with Fintech startup Wave to carry out what it claims in the first global trade transaction using blockchain technology.

Factom pulls in additional funding to take Series A passed $8m

Blockchain-as-a-service company Factom has extended its Series A round to more than $8m. Peeli Ventures, Harvest Equity and a number of local Austin investors joined the extended round.

Opyn said to raise $6.7m in its Series A

Opyn, which enables users to trade options on Ethereum, has reportedly received a $6.7m in its Series A funding round.

KR1 hits £4.5m in profits in the first half of 2019 despite bitcoin volatility

KR1, an investment company focusing on the blockchain ecosystem, has announced it made a profit of £4.5m in the first six months of 2019. George...

Blockchain technology developer Clear said to raise $13m in funding

Clear, a blockchain network solution for B2B commerce, has reportedly bagged $13m in its Series A funding round.

Singapore-based TenX bags $80m in token swap

Singapore-based TenX has netted $80m to help with the adoption of blockchain in everyday life.

Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs

The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.

NatWest to block cryptocurrency payments following earlier FCA warning

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 25% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week